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Showing 21 - 30 of 41 results for %22ASIC MoneySmart%22

Unclaimed money hits $1.1bn: ASIC

KARREN VERGARA  |  WEDNESDAY, 26 APR 2017
Some $1.1 billion of unclaimed money is lying in dormant bank accounts, life insurance and shares, according to ASIC. There is about $62.5 million in unclaimed life insurance policy payouts; $458 million in bank accounts and $309 million in shares and ...

Well over $3m in super savings needed

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
... $100,000 from a defined benefits pension scheme. Bewley used life expectancy tables from the Australian Bureau of Statistics and ASIC's Moneysmart capital guaranteed indicator to work out the amount of superannuation people would need to support themselves ...

CFAs told ASIC is for the consumer

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said the regulator has a significant number of individual surveillances underway at the big four banks, Macquarie and AMP. Speaking at the Chartered Financial Analyst (CFA) ...

ASIC launches planner register

ALEX BURKE  |  TUESDAY, 31 MAR 2015
ASIC has launched its Financial Advisers Register service, which allows consumers to search an industry-wide database of financial planners. Designed to facilitate greater transparency in the planning sector, the first phase of the ASIC service has ...

Adviser Ratings revamps website in prep for FAR launch

ALEX BURKE  |  THURSDAY, 26 MAR 2015
Consumer-based adviser "review" service Adviser Ratings has updated its website to accommodate ASIC's first adviser register (FAR), launching at the end of March. The website, which currently has a database of 18,000 advisers, now provides users with ...

ASIC: Beware fake forex website

MARK SMITH  |  TUESDAY, 16 SEP 2014
ASIC has warned consumers to be wary of a fake website promoting foreign exchange broker, First Forex. First Forex and related entities Fifx and FiFX Global promote their services at www.fifx.com and falsely claim that their services are 'under the ...

ASIC announces National Financial Literacy Strategy

HARRY PAGE  |  FRIDAY, 1 AUG 2014
The Australian Securities and Investments Commission (ASIC) has released its National Financial Literacy Strategy 2014-2017, which is aimed at helping Australians become more financially secure. Over the past 12 months, ASIC has compiled the key priorities ...

Australian students get top marks for financial literacy

HARRY PAGE  |  THURSDAY, 10 JUL 2014
... across 18 countries. Nearly 30,000 students participated in the study including 3,300 Australians. Commenting on the study ASIC senior executive leader for Financial Literacy Miles Larbey said Australian students were amongst the top performers, compared ...

Treasury consults on unclaimed monies time window

ALEX DUNNIN  |  WEDNESDAY, 28 MAY 2014
... accounts held as security as well as setting up mechanisms to notify account holders and establishing portals in the ASIC MoneySmart website and Government Gazette. To alleviate these costs the discussion paper is canvassing whether the current arrangements ...

ASIC sets its sights on hybrid securities

MARK SMITH  |  THURSDAY, 6 FEB 2014
The Australian Securities and Investments Commission (ASIC) has released a new hybrid securities education guide aimed at retail investors. Published on the regulator's MoneySmart website, the guide is intended to help investors understand the risks ...